Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: Report

2 min readNew DelhiJul 27, 2026 09:03 AM IST Nvidia's graphics processing chips are well-suited for massive data crunching necessary to train large AI models like ChatGPT that have underpinned the explosive growth of AI globally to date. (Image: Reuters)Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI as part of a massive data center project, the Wall Street Journal reported on Sunday. The backstop from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in southern Ohio, the newspaper said, citing people familiar with the matter. For OpenAI, a ⁠deal ​would be the first step toward controlling its own infrastructure instead of renting it from Microsoft, Amazon and Oracle, while for Nvidia, it w